Branch valuation, funding and investors
Branch works in workforce payment solutions, based in San Francisco, United States. Founded in 2015, it has about 282 employees.
VALUATION · TODAY
$536M −7% after Series C
Range $40.3M – $986M · Grade DTODAY
+12 MO
$250M
$500M
$750M
$1.00B
$1.25B
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $10.0M
Series B $48.0M
Series C $75.0M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY282 employees
+8%6m growth
+9%1y growth
+18%2y growth
200
400
Data from Jan 2021
Predicted in 1 yr $497M −7% vs today
Predicted next raise $86.9M if a round comes
Winding-down probability 4%
- Last round
- Series C · $75.0M · Mar 2022
- Valuation at last round
- $608M · implied
- Headcount
- 282 · flat
- Grade
- D
- Founded
- 2015
Branch valuation today
VCMC values Branch at $536M today, with a range of $40.3M to $986M and a grade of D. The valuation starts from its last funding round, a Series C round in Mar 2022.
Valuation by date (146 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2015 | $6.67M | $2.43M – $18.3M | $6.98M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2015 | $6.69M | $2.44M – $18.4M | $7.01M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2015 | $6.72M | $2.44M – $18.4M | $7.04M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2015 | $6.74M | $2.45M – $18.5M | $7.07M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2015 | $6.77M | $2.46M – $18.6M | $7.09M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2015 | $6.80M | $2.47M – $18.7M | $7.12M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2015 | $6.82M | $2.48M – $18.7M | $7.15M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2015 | $6.85M | $2.49M – $18.8M | $7.33M (+7%) | before first round | – | unknown | D | 0% |
| 1 Sep 2015 | $6.88M | $2.50M – $18.9M | $7.53M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2015 | $6.90M | $2.51M – $19.0M | $7.73M (+12%) | before first round | – | unknown | D | 0% |
| 1 Nov 2015 | $6.93M | $2.52M – $19.0M | $7.94M (+15%) | before first round | – | unknown | D | 0% |
| 1 Dec 2015 | $6.96M | $2.53M – $19.1M | $8.15M (+17%) | before first round | – | unknown | D | 0% |
| 1 Jan 2016 | $6.98M | $2.54M – $19.2M | $8.37M (+20%) | before first round | – | unknown | D | 0% |
| 1 Feb 2016 | $7.01M | $2.55M – $19.3M | $8.60M (+23%) | before first round | – | unknown | D | 0% |
| 1 Mar 2016 | $7.04M | $2.56M – $19.3M | $8.82M (+25%) | before first round | – | unknown | D | 0% |
| 1 Apr 2016 | $7.07M | $2.57M – $19.4M | $9.06M (+28%) | before first round | – | unknown | D | 0% |
| 1 May 2016 | $7.09M | $2.58M – $19.5M | $9.29M (+31%) | before first round | – | unknown | D | 0% |
| 1 Jun 2016 | $7.12M | $2.59M – $19.6M | $9.55M (+34%) | before first round | – | unknown | D | 0% |
| 1 Jul 2016 | $7.15M | $2.60M – $19.6M | $9.80M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2016 | $7.34M | $2.67M – $20.2M | $10.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2016 | $7.54M | $2.74M – $20.7M | $10.3M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2016 | $7.74M | $2.82M – $21.3M | $10.6M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2016 | $7.95M | $2.89M – $21.8M | $10.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2016 | $8.16M | $2.97M – $22.4M | $11.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2017 | $8.37M | $3.05M – $23.0M | $11.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $8.60M | $3.13M – $23.6M | $11.8M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $8.81M | $3.21M – $24.2M | $12.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $9.05M | $3.29M – $24.9M | $12.4M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $9.29M | $3.38M – $25.5M | $12.7M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $9.54M | $3.47M – $26.2M | $13.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $9.79M | $3.56M – $26.9M | $13.4M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $10.1M | $3.66M – $27.6M | $13.8M (+37%) | before first round | – | unknown | D | 0% |
| 3 Aug 2017 | $55.6M | $36.5M – $152M | $100M (+80%) | after a round | – | unknown | C | 0% |
| 1 Sep 2017 | $58.3M | $36.5M – $152M | $100M (+72%) | after a round | – | unknown | C | 0% |
| 1 Oct 2017 | $61.2M | $36.5M – $152M | $100M (+63%) | after a round | – | unknown | C | 0% |
| 1 Nov 2017 | $64.3M | $36.5M – $152M | $100M (+55%) | after a round | – | unknown | C | 0% |
| 1 Dec 2017 | $67.5M | $36.5M – $152M | $100M (+48%) | after a round | – | unknown | C | 0% |
| 1 Jan 2018 | $71.0M | $36.5M – $152M | $100M (+41%) | after a round | – | unknown | C | 0% |
| 1 Feb 2018 | $74.6M | $36.5M – $152M | $100M (+34%) | after a round | – | unknown | C | 0% |
| 1 Mar 2018 | $78.0M | $36.5M – $152M | $100M (+28%) | after a round | – | unknown | C | 0% |
| 1 Apr 2018 | $82.0M | $36.5M – $152M | $100M (+22%) | after a round | – | unknown | C | 0% |
| 1 May 2018 | $86.1M | $36.5M – $152M | $100M (+16%) | after a round | – | unknown | C | 0% |
| 1 Jun 2018 | $90.5M | $36.5M – $152M | $100M (+11%) | after a round | – | unknown | C | 0% |
| 1 Jul 2018 | $94.9M | $36.5M – $152M | $100M (+5%) | after a round | – | unknown | C | 0% |
| 1 Aug 2018 | $99.8M | $36.5M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2018 | $100M | $34.8M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2018 | $100M | $33.1M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2018 | $100M | $31.4M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2018 | $100M | $29.9M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2019 | $100M | $28.4M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Feb 2019 | $100M | $27.0M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2019 | $100M | $25.8M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2019 | $100M | $24.5M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $100M | $23.4M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $100M | $22.2M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $100M | $21.1M – $152M | $100M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $100M | $20.1M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2019 | $100M | $19.1M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2019 | $100M | $18.2M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2019 | $100M | $17.3M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2019 | $100M | $16.4M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2020 | $100M | $15.6M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2020 | $100M | $14.8M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2020 | $100M | $14.2M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2020 | $100M | $13.5M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 May 2020 | $100M | $12.8M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2020 | $100M | $12.2M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2020 | $100M | $11.6M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2020 | $100M | $11.0M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2020 | $100M | $10.5M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2020 | $100M | $9.96M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2020 | $100M | $9.46M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2020 | $100M | $9.01M – $152M | $100M (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2021 | $100M | $8.56M – $152M | $100M (0%) | after a round | 140 | unknown | D | 0% |
| 1 Feb 2021 | $100M | $8.14M – $152M | $100M (0%) | after a round | 140 | unknown | D | 0% |
| 1 Mar 2021 | $100M | $7.77M – $152M | $100M (0%) | after a round | 140 | unknown | D | 0% |
| 1 Apr 2021 | $93.6M | $7.38M – $142M | $84.7M (-10%) | after a round | 140 | flat | D | 0% |
| 1 May 2021 | $13.8M | $7.03M – $37.7M | $8.33M (-40%) | after a round | 97 | shrinking | C | 97% |
| 1 Jun 2021 | $13.2M | $6.68M – $36.5M | $7.96M (-40%) | after a round | 97 | shrinking | C | 97% |
| 1 Jul 2021 | $12.7M | $6.36M – $35.4M | $7.93M (-37%) | after a round | 97 | shrinking | C | 97% |
| 1 Aug 2021 | $12.1M | $6.04M – $34.3M | $7.93M (-34%) | after a round | 97 | shrinking | C | 97% |
| 18 Aug 2021 | $343M | $225M – $528M | $347M (+1%) | after a round | 97 | shrinking | B | 97% |
| 1 Sep 2021 | $343M | $225M – $528M | $341M (0%) | after a round | 97 | shrinking | B | 97% |
| 1 Oct 2021 | $343M | $225M – $528M | $330M (-4%) | after a round | 97 | shrinking | B | 97% |
| 1 Nov 2021 | $344M | $225M – $528M | $319M (-7%) | after a round | 97 | shrinking | B | 97% |
| 1 Dec 2021 | $344M | $225M – $528M | $309M (-10%) | after a round | 97 | shrinking | B | 97% |
| 1 Jan 2022 | $344M | $225M – $528M | $298M (-13%) | after a round | 97 | shrinking | B | 97% |
| 1 Feb 2022 | $345M | $225M – $528M | $288M (-16%) | after a round | 97 | shrinking | B | 97% |
| 1 Mar 2022 | $345M | $225M – $528M | $280M (-19%) | after a round | 97 | shrinking | B | 97% |
| 10 Mar 2022 | $608M | $428M – $869M | $612M (+1%) | after a round | 97 | shrinking | B | 97% |
| 1 Apr 2022 | $608M | $428M – $869M | $597M (-2%) | after a round | 97 | shrinking | B | 97% |
| 1 May 2022 | $609M | $428M – $869M | $576M (-5%) | after a round | 97 | shrinking | B | 97% |
| 1 Jun 2022 | $609M | $428M – $869M | $556M (-9%) | after a round | 97 | shrinking | B | 97% |
| 1 Jul 2022 | $609M | $428M – $869M | $537M (-12%) | after a round | 97 | shrinking | B | 97% |
| 1 Aug 2022 | $610M | $428M – $869M | $518M (-15%) | after a round | 97 | shrinking | B | 97% |
| 1 Sep 2022 | $610M | $428M – $869M | $500M (-18%) | after a round | 97 | shrinking | B | 97% |
| 1 Oct 2022 | $611M | $428M – $869M | $483M (-21%) | after a round | 97 | shrinking | B | 97% |
| 1 Nov 2022 | $619M | $428M – $887M | $537M (-13%) | after a round | 97 | unknown | B | 89% |
| 1 Dec 2022 | $629M | $428M – $904M | $544M (-14%) | after a round | 97 | unknown | B | 82% |
| 1 Jan 2023 | $641M | $428M – $920M | $551M (-14%) | after a round | 97 | unknown | B | 76% |
| 1 Feb 2023 | $653M | $428M – $935M | $559M (-15%) | after a round | 97 | unknown | B | 70% |
| 1 Mar 2023 | $667M | $428M – $948M | $567M (-15%) | after a round | 97 | unknown | B | 64% |
| 1 Apr 2023 | $671M | $413M – $966M | $562M (-16%) | after a round | 97 | unknown | B | 59% |
| 1 May 2023 | $672M | $394M – $983M | $570M (-15%) | after a round | 170 | unknown | B | 54% |
| 1 Jun 2023 | $673M | $376M – $999M | $578M (-14%) | after a round | 170 | unknown | B | 50% |
| 1 Jul 2023 | $675M | $359M – $1.0B | $586M (-13%) | after a round | 170 | unknown | B | 46% |
| 1 Aug 2023 | $677M | $342M – $1.0B | $593M (-12%) | after a round | 170 | unknown | B | 42% |
| 1 Sep 2023 | $680M | $326M – $1.0B | $601M (-12%) | after a round | 170 | unknown | B | 39% |
| 1 Oct 2023 | $683M | $362M – $1.0B | $609M (-11%) | after a round | 190 | up | B | 36% |
| 1 Nov 2023 | $686M | $356M – $1.1B | $617M (-10%) | after a round | 190 | up | B | 33% |
| 1 Dec 2023 | $689M | $351M – $1.1B | $625M (-9%) | after a round | 190 | up | B | 30% |
| 1 Jan 2024 | $692M | $346M – $1.1B | $632M (-9%) | after a round | 190 | up | B | 28% |
| 1 Feb 2024 | $696M | $341M – $1.1B | $639M (-8%) | after a round | 190 | up | B | 26% |
| 1 Mar 2024 | $699M | $338M – $1.1B | $646M (-8%) | after a round | 220 | up | B | 24% |
| 1 Apr 2024 | $697M | $310M – $1.1B | $637M (-9%) | after a round | 220 | up | C | 22% |
| 1 May 2024 | $701M | $304M – $1.1B | $643M (-8%) | after a round | 220 | up | C | 20% |
| 1 Jun 2024 | $704M | $299M – $1.1B | $649M (-8%) | after a round | 220 | up | C | 18% |
| 1 Jul 2024 | $708M | $294M – $1.1B | $655M (-7%) | after a round | 220 | up | C | 17% |
| 1 Aug 2024 | $711M | $383M – $1.1B | $664M (-7%) | after a round | 240 | growing | B | 16% |
| 1 Sep 2024 | $715M | $385M – $1.1B | $670M (-6%) | after a round | 240 | growing | B | 14% |
| 1 Oct 2024 | $718M | $387M – $1.1B | $676M (-6%) | after a round | 240 | growing | B | 13% |
| 1 Nov 2024 | $790M | $439M – $1.1B | $790M (0%) | after a round | 250 | growing | B | 0% |
| 1 Dec 2024 | $790M | $291M – $1.1B | $785M (-1%) | after a round | 250 | up | C | 0% |
| 1 Jan 2025 | $790M | $285M – $1.1B | $784M (-1%) | after a round | 250 | up | C | 0% |
| 1 Feb 2025 | $790M | $280M – $1.1B | $784M (-1%) | after a round | 250 | up | C | 0% |
| 1 Mar 2025 | $790M | $275M – $1.1B | $783M (-1%) | after a round | 250 | up | C | 0% |
| 1 Apr 2025 | $790M | $212M – $1.1B | $783M (-1%) | after a round | 250 | up | C | 0% |
| 1 May 2025 | $784M | $206M – $1.1B | $740M (-6%) | after a round | 250 | up | C | 0% |
| 1 Jun 2025 | $780M | $199M – $1.1B | $737M (-6%) | after a round | 250 | up | C | 0% |
| 1 Jul 2025 | $776M | $193M – $1.1B | $733M (-6%) | after a round | 250 | up | C | 0% |
| 1 Aug 2025 | $778M | $187M – $1.1B | $749M (-4%) | after a round | 266 | up | C | 0% |
| 1 Sep 2025 | $773M | $180M – $1.1B | $738M (-4%) | after a round | 259 | up | C | 0% |
| 1 Oct 2025 | $759M | $91.9M – $1.1B | $706M (-7%) | after a round | 259 | flat | D | 0% |
| 1 Nov 2025 | $751M | $87.4M – $1.1B | $695M (-7%) | after a round | 253 | flat | D | 0% |
| 1 Dec 2025 | $747M | $83.2M – $1.1B | $691M (-7%) | after a round | 253 | flat | D | 0% |
| 1 Jan 2026 | $742M | $79.1M – $1.1B | $686M (-7%) | after a round | 253 | flat | D | 0% |
| 1 Feb 2026 | $737M | $75.1M – $1.0B | $682M (-7%) | after a round | 253 | flat | D | 0% |
| 1 Mar 2026 | $724M | $71.7M – $1.0B | $661M (-9%) | after a round | 253 | flat | D | 0% |
| 1 Apr 2026 | $719M | $68.2M – $1.0B | $658M (-9%) | after a round | 260 | flat | D | 0% |
| 1 May 2026 | $714M | $64.9M – $1.0B | $653M (-9%) | after a round | 260 | flat | D | 0% |
| 1 Jun 2026 | $642M | $61.7M – $999M | $575M (-10%) | after a round | 258 | flat | D | 6% |
| 1 Jul 2026 | $635M | $58.7M – $991M | $571M (-10%) | after a round | 258 | flat | D | 6% |
| 1 Aug 2026 | $637M | $55.8M – $989M | $577M (-10%) | after a round | 270 | flat | D | 6% |
| 1 Sep 2026 | $636M | $53.0M – $981M | $576M (-9%) | after a round | 270 | flat | D | 5% |
| 1 Oct 2026 | $646M | $50.5M – $992M | $594M (-8%) | after a round | 282 | flat | D | 5% |
| 24 Oct 2026 | $536M | $40.3M – $986M | $497M (-7%) | after a round | 282 | flat | D | 4% |
Key facts about Branch
- Founded
- 2015
- Headquarters
- San Francisco, United States
- Employees
- about 282 +9% in a year
- Total raised
- $633M
- Funding rounds
- 4
- Last round
- Series C Mar 2022
Branch was founded in 2015 by Atif Siddiqi and Divydeep Agarwal.
Branch funding history
Branch has 4 funding rounds on record, from Aug 2017 to Mar 2022, $633M in total. None disclosed a valuation.
Series C 9 Mar 2022
Led by Addition; with General Atlantic, Drive Capital, Crosscut, Indeed.
Sources: techcrunch.com
$75M
Debt 18 Aug 2021no round page
With Neuberger Berman.
Sources: matchstick.vc, branchapp.com, techcrunch.com
$500M
Series B 17 Aug 2021
Led by Addition; with Drive Capital, Crosscut, Bonfire Ventures, Matchstick Ventures, HR Tech Investments LLC.
Sources: finsmes.com, techcrunch.com, fintechfutures.com and 2 more
$48M
Series A 2 Aug 2017
Led by March Capital; with Crosscut, Techstars, Matchstick Ventures.
Sources: venturebeat.com, finsmes.com
$10M
Branch investors
11 investors have backed Branch; Addition and March Capital led at least one round.
- Addition lead, 2 rounds
- General Atlantic
- HR Tech Investments LLC
- Indeed
- Neuberger Berman
What Branch does
Branch works in payment processing & point of sale, with 17 recorded offerings and customers in healthcare, hospitality, logistics and business services.
Branch Messenger, Inc. is a United States company engaged in workforce payments solutions. The company operates a digital platform that includes a digital wallet with a free bank account, debit card, and financial wellness tools, as well as a Mastercard debit card. Branch serves a broad range of industries, including healthcare, hospitality, logistics, business services, construction, energy, agriculture, and gig platforms, providing payment options such as cashless tips, reimbursements, paycard alternatives, and earned wage access. The company is committed to offering financial products and services to businesses and workers.
Description from Veridion's company data.
Products and services
- Workforce Payment Solutions
- Digital Wallet Services
- Debit Card Issuance and Management
- Financial Wellness Tools Services
- Cashless Tips Payment Solutions
- Workforce Reimbursement Solutions
- Paycard Alternative Solutions
- Earned Wage Access Services
- Subscription-Based Transaction Fee Services
- Industry-Specific Payment Solutions
- Gig Platform Payment Solutions
- Healthcare Industry Payment Solutions
- Hospitality Industry Payment Solutions
- Logistics Industry Payment Solutions
- Construction Industry Payment Solutions
- Energy Industry Payment Solutions
- Agriculture Industry Payment Solutions
Markets
- Healthcare
- Hospitality
- Logistics
- Business Services
- Construction
- Energy
- Agriculture
- Gig Platforms
Certifications
- CCPA compliant
Business model
- Business-to-Business
- Business-to-Consumer
- Subscription-Based
Industry codes (NAICS)
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 70% match
- 522210 Credit Card Issuing 30% match
Questions about Branch
What is Branch worth?
Valuation $536M (range $40.3M to $986M), as of 24 Oct 2026.
Has Branch raised money?
Branch has 4 funding rounds on record, from Aug 2017 to Mar 2022, $633M in total. None disclosed a valuation.
Who has invested in Branch?
Addition, March Capital, Crosscut, Drive Capital, Matchstick Ventures and Bonfire Ventures, and 5 more. Lead investors include Addition and March Capital.
How many people work at Branch?
About 282, up 9% over the last year. Headcount grew from 140 in Jan 2021 to 282 in Sep 2026.
What does Branch do?
Branch works in payment processing & point of sale, with 17 recorded offerings and customers in healthcare, hospitality, logistics and business services. Its main offerings are workforce payment solutions, digital wallet services and debit card issuance and management.
When was Branch founded, and where is it based?
Branch was founded in 2015 and is based in San Francisco, United States. It has about 282 employees, up 9% over the last year.